Finance News: Latest Financial News, Finance News today in Bangladesh

Fuel price surge may hit some firms harder than others

A steep increase in fuel prices has sent fresh shockwaves across the country's corporate sector and capital market, raising concerns over profitability, inflation, and overall economic momentum.The government on Saturday raised fuel prices to record highs, increasing diesel by Tk 15 per litre, octane by Tk 20, petrol by Tk...

BD Lamps sees strong Q3 as profit soars 142pc

Bangladesh Lamps, widely known as BD Lamps, reported a sharp 142 per cent year-on-year growth in profit to Tk 2.73 million for the January-March quarter of FY26, driven by higher sales and improved cost efficiency.The electric and energy-saving bulb manufacturer secured earnings per share (EPS) of Tk 0.26 in Q3...

AL-ARAFAH ISLAMI BANK OPENS HAJJ BOOTH AT ASHKONA HAJJ CAMP-

AL-ARAFAH ISLAMI BANK OPENS HAJJ BOOTH AT ASHKONA HAJJ CAMPAl-Arafah Islami Bank opened a Hajj booth to provide services to pilgrims at Ashkona Hajj Camp on Saturday. Managing Director Mohd. Rafat Ullah Khan inaugurated the booth as chief guest. The inauguration ceremony was presided over by Deputy Managing Director Muhammad...

MERCANTILE BANK GIFTS FIRST HAJJ FLIGHT PILGRIMS AT ASHKONA -

MERCANTILE BANK GIFTS FIRST HAJJ FLIGHT PILGRIMS AT ASHKONA Mercantile Bank distributed Hajj gift items among pilgrims of the first Hajj flight at Ashkona Hajj camp. CRO and Chief of Islamic banking and Deputy Managing Director Md. Zakir Hossain inaugurated the programme on Friday, distributing gift items on courtesy of...

SHAHJALAL ISLAMI BANK INAUGURATES HAJJ BOOTH AT ASHKONA HAJJ CAMP-

SHAHJALAL ISLAMI BANK INAUGURATES HAJJ BOOTH AT ASHKONA HAJJ CAMPShahjalal Islami Bank inaugurated a Hajj booth at Ashkona Hajj Camp for providing Hajj guidelines to the pilgrims. It will provide Hajj guides and umbrellas to pilgrims this year. Deputy Managing Director Md. Jafar Sadeq inaugurated the booth as chief guest...

World Bank launches new strategy to help small states tackle challenges

WASHINGTON, April 17 (Reuters) - The World Bank on Friday unveiled a new strategy aimed at helping small island states and other small countries better address unique challenges such as remoteness, exposure to shocks and a narrow economic base by focusing firmly on jobs.World Bank President Ajay Banga discussed the...

As commodities reshape geopolitics, currency pecking order gets a reset-

LONDON, April 17 (Reuters): The war in the Middle East is the latest reminder of how commodities are reshaping the geopolitical landscape, leaving currencies from Norway, Canada, Australia, and New Zealand well placed to outperform larger rivals.These commodity currencies - so called due to their close correlation to the fortunes...

IPDC WINS 'BEST ACQUISITION STRATEGY' AWARD-

IPDC WINS 'BEST ACQUISITION STRATEGY' AWARDIPDC Finance PLC won the "Best Acquisition Strategy for Retail" award at the 3rd Bangladesh Retail Awards ceremony, organised by Bangladesh Brand Forum recently, for its youth-focused financial product 'Icche'. This product is designed to help young people fulfil their aspirations. "This recognition reflects our...

UTTARA BANK'S ORIENTATION FOR NEW SENIOR OFFICERS

UTTARA BANK'S ORIENTATION FOR NEW SENIOR OFFICERSMd Abul Hashem, Managing Director & CEO of Uttara Bank PLC, was present in the orientation programme for newly recruited Senior Officers at that bank's auditorium in Dhaka recently. Additional Managing Director Maksudul Hasan and Deputy Managing Directors Md Rezaul Karim, Khandaker Ali Samnoon...

UNION INSURANCE SETTLES MARINE INSURANCE CLAIM-

UNION INSURANCE SETTLES MARINE INSURANCE CLAIMTalukder Md. Zakaria Hossain, CEO of Union Insurance Co. Ltd, hands over claim cheques to Takanori Kojima, Vice President of Kojima Lyric Garments Ltd, against Marine Insurance Policy. Tareq Rafi Bhuiyan (Jun), Director, Kojima Lyric Garments, and President, Japan-Bangladesh Chamber of Commerce & Industry, Shah...

South Asia among least trade-integrated regions: Economists

Strong economic growth in the South Asia region has not translated into structural transformation, as the region remains one of the least trade-integrated in the world with very low intra-regional trade and high barriers to global and regional commerce, experts and economists said on Sunday.They also add that weak trade...